Title Insurance: What is it?

Subject: Title Insurance, Title Commitment

Shortly after you are "under contract" in the home buying or selling process, you will receive a document in the mail from the Title Company.

It is a title commitment for your title insurance on the property you have under contract. Be sure to read through for accuracy (spelling of names, etc).

The document serves as the preliminary title report to ensure title is clear by the time of closing.

It is the document referred to on page 1 of the contract you signed for the sale or purchase of your property.

Also, keep a copy for your files. Should you have any questions, don't hesitate to contact me.

Here are some terms you may find helpful.

Title

A legal document evidencing a person's right to or ownership of a property.

Title company

A company that specializes in examining and insuring titles to real estate.

Title insurance

Insurance that protects the lender (lender's policy) or the buyer (owner's policy) against loss arising from disputes over ownership of a property.

Title Search

A check of the title records to ensure that the seller is the legal owner of the property and that there are no liens or other claims outstanding.

Again, if you have any questions, don't hesitate to contact me.

Here are several options to reach me at your convenience.

•1. Chat Online at www.ConroeHuntsvilleHomes.com when the "I am Online" is flashing

•2. E-mail me at TexasRealEstateExpert@gmail.com

•3. Text me at 936-355-8889

•4. Or call, same number

•5. Or friend me on FaceBook www.facebook.com/MariMontgomery